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mcconnell laughed when he got the offer from tim geithner. they think it's an offer that doesn't show any rules towards compromise. house speaker john boehner said that the talks are at a stalemate. there seems to be a huge divide. democrats said they're not going to make another move until republicans clearly say they're going to go for an increase in tax rates. republicans aren't prepared to make a move. unless the democrats are able to give up greater savings in medicare. so, this is stalemate right now. now, these things always look horrible before they come together. more and more voices say, this is going to go over the fiscal cliff at least for a few days in january. >> and democrats seem to be thinking that, if we go over the fiscal cliff, voters will likely blame the republicans for that. do you think that's true? or are democrats overplaying their hands? >> all of the polls show that right now. no one know was the consequences will really be if we go over that fiscal cliff. we know that the tax hikes go up. some estimates -- ben ber
mcconnell laughed when he got the offer from tim geithner. they think it's an offer that doesn't show any rules towards compromise. house speaker john boehner said that the talks are at a stalemate. there seems to be a huge divide. democrats said they're not going to make another move until republicans clearly say they're going to go for an increase in tax rates. republicans aren't prepared to make a move. unless the democrats are able to give up greater savings in medicare. so, this is...
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treasury secretary geithner when he went up to capitol hill, mitch mcconnell laughed when they got the offer from geithner. house speaker boehner said that the talks are at a stalemate. democrats said they're not going to make another move until republicans say they're going to go for an increase in tax rates. so, this is stalemate right now. now, these things always look horrible when they come together. more and more voices say, this is going to go over the fiscal cliff at least for a few days in january. >> if we go over the fiscal cliff, voters will likely blame the republicans for that. is is that true sf. >> all of the polls show that right now. we know that the tax hikes go up. ben bernanke, the fed chairman, fears that it will throw the country into a recession. they have to be careful here as well. but democrats and the president clearly believe that they have the leverage to force an increase in these tax rates on the upper income americans before they agree to a deal. >> we'll all be watching the stock market as well. >>> the president also concentrating on recasting his new
treasury secretary geithner when he went up to capitol hill, mitch mcconnell laughed when they got the offer from geithner. house speaker boehner said that the talks are at a stalemate. democrats said they're not going to make another move until republicans say they're going to go for an increase in tax rates. so, this is stalemate right now. now, these things always look horrible when they come together. more and more voices say, this is going to go over the fiscal cliff at least for a few...
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>> reporter: the senate minority leader mitch mcconnell laughed at geithner. geithner said if republicans don't like the president's plan it's up to them to present their own ideas. >> what we can't do is figure out what works for them. they have to come tell us what works for them. >> reporter: secretary geithner made it clear there will be no deal that does not include a tax hike on the wealthiest americans. >> there's not going to be an agreement without rates going up. >> reporter: no formal negotiating sessions are on the schedule here and many believe it will take about a week for the real work towards a solution to get under way. now, so much of the talk right now is about taxes, but another aspect of this fiscal cliff is massive, massive defense cuts. that's going to be a topic here in washington today, terrell, when several ceos of the defense industry talk about the impact on their industry. >> susan mcginnis in washington this morning. thank you. kansas city authorities are still trying to piece together what prompted kansas city chiefs linebacker j
>> reporter: the senate minority leader mitch mcconnell laughed at geithner. geithner said if republicans don't like the president's plan it's up to them to present their own ideas. >> what we can't do is figure out what works for them. they have to come tell us what works for them. >> reporter: secretary geithner made it clear there will be no deal that does not include a tax hike on the wealthiest americans. >> there's not going to be an agreement without rates going...
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but mitch mcconnell and speaker boehner need to be more specific. that doesn't add up to more than two or three really dollars worth of cuts. the president proposed many more cuts than not. that is the beginning. this is a negotiation process. i am a lawyer and we settle cases by someone saying this or that and then they move to the middle. that is not what is going on, although mitch mcconnell name three things, that is more than the house republicans have done. again, the republicans are afraid to talk about where the cuts should come. because they're going to have to talk about medicare. megyn: entitlement spending is two thirds of the budget. they have to talk about that. >> president obama says entitlements need reform. megyn: okay, i just didn't want you to suggest the ones i would have to talk about it -- everybody's going to have to talk about it, as painful as it may be. brad, i'd like to ask you about it. dick says that president obama has proposed $4 billion in spending cuts. possibly medicare savings at some point. that was in his budget
but mitch mcconnell and speaker boehner need to be more specific. that doesn't add up to more than two or three really dollars worth of cuts. the president proposed many more cuts than not. that is the beginning. this is a negotiation process. i am a lawyer and we settle cases by someone saying this or that and then they move to the middle. that is not what is going on, although mitch mcconnell name three things, that is more than the house republicans have done. again, the republicans are...
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how serious is she against running against mitch mcconnell? >> i think she's serious about getting involved in government and playing a different kind of role in public affairs. she's always been a very outspoken activist and very knowledgeable public policy person. so she's considered a run. we know that. we don't know -- it might be against mcconnell. it might be against rand paul in 2016. it could be for governor of tennessee, but it sounds to me like she's certainly interested in playing a different role. >> and -- >> one that would seek office. >> and she's certainly got mcconnell's attention. consider this statement from ses is he benton, his campaign manager. i'm quoting. it's going to sting. we're doing to make sure that you don't come out with your nose clean. we're going to drive your negatives up and very aggressively and publicly litigate your record before the citizens of kentucky. benton, who ran ron paul's presidential campaign, says this was not directed specifically at ashley judd. is there benton preparing for a political cam
how serious is she against running against mitch mcconnell? >> i think she's serious about getting involved in government and playing a different kind of role in public affairs. she's always been a very outspoken activist and very knowledgeable public policy person. so she's considered a run. we know that. we don't know -- it might be against mcconnell. it might be against rand paul in 2016. it could be for governor of tennessee, but it sounds to me like she's certainly interested in...
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meanwhile, senate minority leader mitch mcconnell prevented a simple majority vote to give the president unilateral power to raise the u.s. debt limit. senator mcconnell is demanding 60 senate votes for passage. president obama pushed for the power transfer in a most recent and main proposal last week on the fiscal cliff. >>> now no john mcafee. the millionaire software guru wanted in questioning in the neighbor's murder in belize. maybe you heard mcafee. got arrested in guatemala overnight. shouldn't come as much of a surprise here. the whole time supposedly on the run, he was handing out tv interviews like candy. but listen to this. now the mcafee is in jail, he is blogging from behind bars. the story just keeps getting more interesting, shall we say? more on the blogging here in a moment. but first, i have to play you this video. this is the video of his arrest. surprise-surprise. he was with a camera crew from vice.com when guatemalan police took him in. the charge, entering that country illegally. take a look here. exclusive video of vice.com. >> they're trying to arrest me. guatema
meanwhile, senate minority leader mitch mcconnell prevented a simple majority vote to give the president unilateral power to raise the u.s. debt limit. senator mcconnell is demanding 60 senate votes for passage. president obama pushed for the power transfer in a most recent and main proposal last week on the fiscal cliff. >>> now no john mcafee. the millionaire software guru wanted in questioning in the neighbor's murder in belize. maybe you heard mcafee. got arrested in guatemala...
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. >> mitch mcconnell told us that he laughed out loud when geithner presented the proposal to him. that says it all. stuart: so you think that they will not cave? >> no, i actually think they will cave. stuart: they are? >> the democrats have the upper hand here. we just had an election. raising taxes on the wealthy, as he calls people who make over $200,000 a year. he won the election. they have a mandate. >> the republicans have a lot of leverage. the president wants to have a successful second term. if he allows us to fall off the fiscal cliff that we could fall into a very deep recession. >> if he allows us to fall over the fiscal cliff, and i think they are making that point. >> i believe grover norquist. they should get the media cameras in their. stuart: let's get more on this. we have a special guest joining us. he should have been on varney & company many times. >> i hope this is the first of many appearances. great to be with you this morning. i am kind of in a foul mood this morning. i am going to say something. the three of you are going -- if the republicans just gave
. >> mitch mcconnell told us that he laughed out loud when geithner presented the proposal to him. that says it all. stuart: so you think that they will not cave? >> no, i actually think they will cave. stuart: they are? >> the democrats have the upper hand here. we just had an election. raising taxes on the wealthy, as he calls people who make over $200,000 a year. he won the election. they have a mandate. >> the republicans have a lot of leverage. the president wants...
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how long is the white house willing to wait to hear from speaker boehner, you know, mitch mcconnell, for their sort of volley back? >> reporter: hi, brooke. well, they're saying ready anytime. the clock is ticking and it's ball's in the republicans' court. here is what jay carney had to say a few minutes ago. listen to this. >> making vague promises about achieving revenue through capping deductions or closing loopholes, simply doesn't add up to a serious proposal. we haven't heard which deductions they would cap or which loopholes they would close. >> so that's the white house's position. now, they are waiting to hear about what the republicans would do, what kind of detailed proposal they would offer. the republicans, brooke, for their part are insistent they want to hear about the president's willingness to do entitlements. how much more they would do to cut spending and whether the white house would be willing to scale back on some of those extra spending measures, more dollars the president wants the government to put out next year, that were in some of secretary geithner's prop
how long is the white house willing to wait to hear from speaker boehner, you know, mitch mcconnell, for their sort of volley back? >> reporter: hi, brooke. well, they're saying ready anytime. the clock is ticking and it's ball's in the republicans' court. here is what jay carney had to say a few minutes ago. listen to this. >> making vague promises about achieving revenue through capping deductions or closing loopholes, simply doesn't add up to a serious proposal. we haven't heard...
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. >>> coming up, mitch mcconnell filibusters his own bill in the senate. bernie sanders joins us to talk about what that means for the future. >>> and fiscal cliff talks. stay with us. you're watching "the ed show" on msnbc. low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better chance to grow. tdd#: 1-800-345-2550 and you can trade all our etfs online, tdd#: 1-800-345-2550 commission-free, from your schwab account. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 so let's talk about saving money, tdd#: 1-800-345-2550 with schwab etfs. tdd#: 1-800-345-2550 schwab etfs now have the lowest operating expenses tdd#: 1-800-345-
. >>> coming up, mitch mcconnell filibusters his own bill in the senate. bernie sanders joins us to talk about what that means for the future. >>> and fiscal cliff talks. stay with us. you're watching "the ed show" on msnbc. low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper...
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mitch mcconnell the minority leader of the senate stood in the well of the senate and said, will president you won the campaign, congratulations, but they don't seem to like this ongoing campaign mentality coming out of the obama administration. >> there is no doubt. and i think republican leaders in congress are not going to like that. i think at this point they don't want to see a continuation of the campaign. they would like to see the president in the white house and negotiators sort of sit down and workout some of the road bumps here to avert the fiscal cliff. and they don't see campaign rallies, or campaign maneuvers as the way to do that. that being said i think the white house has set out its course here. i think you'll see something a lot different in the fiscal cliff negotiations from the white house than you saw in say the government shut down negotiations a year ago. you are going to see a much more campaigning, much more campaign-like president obama in the next month. jon: you know, some sort of even partial -- neutral observers are saying that the obama campaign won in part
mitch mcconnell the minority leader of the senate stood in the well of the senate and said, will president you won the campaign, congratulations, but they don't seem to like this ongoing campaign mentality coming out of the obama administration. >> there is no doubt. and i think republican leaders in congress are not going to like that. i think at this point they don't want to see a continuation of the campaign. they would like to see the president in the white house and negotiators sort...
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mitch mcconnell forced to filibuster his own proposal. senator mark warner weighs in on that. gh... [ buzz! ] take dayquil. use nyquil d... [ ding! ] ...and get longer nighttime cough relief. use tylenol cold multisymptom nighttime... [ coughs ] [ buzz! ] [ screams ] ...and you could find yourself... honey? ...on the couch. nyquil d. 50% longer cough and stuffy nose relief. i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios tend to weigh less than those who don't. oh, let me guess --ou see this? more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. >>
mitch mcconnell forced to filibuster his own proposal. senator mark warner weighs in on that. gh... [ buzz! ] take dayquil. use nyquil d... [ ding! ] ...and get longer nighttime cough relief. use tylenol cold multisymptom nighttime... [ coughs ] [ buzz! ] [ screams ] ...and you could find yourself... honey? ...on the couch. nyquil d. 50% longer cough and stuffy nose relief. i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans? [ female announcer ] people who...
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now watching harry reid run the senate and mitch mcconnell blast back at him, they are acting really -- and you see this all across the senate. more like we used to behave in the house. >> yeah, those emperors aren't wearing much clothes. >> have you seen a moment in time where two politicians have seemed more like the parade has passed by than mitch mcconnell and mary reed. it's time to change. >> i have no idea why harry reid is running the democratic caucus. i mean, maybe he's great behind the scenes, but in front of the camera, he's just -- >> mitch mcconnell, same thing. >> so then mcconnell filibusters his own bell and then says such a change of magnitude requires 60 senators. >> let's talk about filibuster reform. >> oh, lord. >> democrats have been complaining about the filibuster for years now, since actually they took over the senate, and now they have a chance to get rid of the filibuster. there's nothing in the constitution. madison wrote nothing of the filibuster. but i want everybody to hear, though, because for the past four years, we have been hearing how evil the rep
now watching harry reid run the senate and mitch mcconnell blast back at him, they are acting really -- and you see this all across the senate. more like we used to behave in the house. >> yeah, those emperors aren't wearing much clothes. >> have you seen a moment in time where two politicians have seemed more like the parade has passed by than mitch mcconnell and mary reed. it's time to change. >> i have no idea why harry reid is running the democratic caucus. i mean, maybe...
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she looks like she's seriously exploring the possibility of running against mitch mcconnell in 2014 or rand paul in 2016. those are things she's seriously exploring. whether or not she gets into the race is a completely different question. as of right now she looks to be putting out feelers and considering a run. >> she's exploring. she's a recent harvard masters grad. what would she be able to bring politically. >> she certainly would have significant name recognition, more than any other potential democratic candidate. she would be able to raise a lot of money from not just democratic groups who are very excited by her liberal views and her politics, but also big donors, a lot of her allies in hollywood. but she does not have any elected experience. she has not run for political office before. much like someone against senate minority who is a shrewd campaigner who's very, very experienced. who's building a presidential level campaign operation. this would be a very, very tough bid. especially for a first time candidate like her. >> when i was reading your piece, i started thinking o
she looks like she's seriously exploring the possibility of running against mitch mcconnell in 2014 or rand paul in 2016. those are things she's seriously exploring. whether or not she gets into the race is a completely different question. as of right now she looks to be putting out feelers and considering a run. >> she's exploring. she's a recent harvard masters grad. what would she be able to bring politically. >> she certainly would have significant name recognition, more than...
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>> mitch mcconnell is out there every single day. they passed a budget with major entitlement reform that would get us to a balance over time which the president doesn't. bill: everybody takes pain and we get this done. >> it sounds like we are dealing with a bunch of 3-year-olds. we are not going to tell the white house what we want, we'll just talk about it publicly. claire mccaskill said she is open to that. >> they are not going to tell the white house what they want, they will just say it publicly? >> that's not how you negotiate. >> they are in the stat talking about these thing every single day. and they say it publicly on national tv. bill: hen we have the fiscal cliff. before we go over that cliff we'll pull you back later in the week. martha: there is a potentially dangerous situation taking shape on the west coast. no relief in site as a strong storm has pounded that region. tens of thousands of people are in the dark. we are in the fox extreme weather center with the latest on that pressing situation next. bill: a 95-year
>> mitch mcconnell is out there every single day. they passed a budget with major entitlement reform that would get us to a balance over time which the president doesn't. bill: everybody takes pain and we get this done. >> it sounds like we are dealing with a bunch of 3-year-olds. we are not going to tell the white house what we want, we'll just talk about it publicly. claire mccaskill said she is open to that. >> they are not going to tell the white house what they want, they...
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politico reports actress ashley judd is seriously considering a run for 2014 against mitch mcconnell in his home state of kentucky. mcconnell's office warned he will not go easy on whoever the democratic challenger is but did not reference judd specifically. mitt romney is going back to work at his own job. marriott international has announced romney rejoined the board of directors after resigning two years ago. as for how much romney will earn, s.e.c. showed that directors received a base pay of $60,000 plus $1250 for every meeting they attended. romney has a long-time friendship with the members of marriott family and has served on the board off and on since 1993. >>> all right. time for the "news nation" gut check. bloomberg news is reporting that president obama is considering "vogue" anna wintor to be the next u.s. ambassador to the uk or france. she raised $500,000 for his re-election campaign. she's been at "vogue" for more than 25 years and they say she's very happy about the current job. the white house was asked about the report and declined comment on it. do you believe th
politico reports actress ashley judd is seriously considering a run for 2014 against mitch mcconnell in his home state of kentucky. mcconnell's office warned he will not go easy on whoever the democratic challenger is but did not reference judd specifically. mitt romney is going back to work at his own job. marriott international has announced romney rejoined the board of directors after resigning two years ago. as for how much romney will earn, s.e.c. showed that directors received a base pay...
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reached into mitch mcconnell's own state of kentucky where mitch mcconnell had a hand picked junior senator and jim demint said i want my guy, rand paul, and fought mcconnell in his own state and beat him. that was a demonstration of the balance of power in the senate. and i think it left a lot of ill will behind. as we saw today in that not altogether enthusiastic announcement. >> not exactly crying when he heard jim demint was leaving. we're talking about mitch mcconnell. is this good for the democrats or bad for the democrats, donna? >> well, it's a mixed blessing, i think. i think on one hand he's a wonderful southern gentleman. everyone likes him personally. but everyone knows that he is to the right of just about everybody else in the united states senate when it comes to public policy and personnel in terms of going out there and recruiting other conservative republicans. it's a perfect match for the heritage foundation to have him at the helms. but i think in terms of overall, i don't believe this is going to hurt senator mcconnell at all. >> erick, for the conservative move
reached into mitch mcconnell's own state of kentucky where mitch mcconnell had a hand picked junior senator and jim demint said i want my guy, rand paul, and fought mcconnell in his own state and beat him. that was a demonstration of the balance of power in the senate. and i think it left a lot of ill will behind. as we saw today in that not altogether enthusiastic announcement. >> not exactly crying when he heard jim demint was leaving. we're talking about mitch mcconnell. is this good...
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mcconnell. then the republicans came back, which speaker boehner said was a sound response. $800 billion in tax rev knew. with eric cantor and paul ryan's significant but positive -- >> congress can prevent all of this by passing a tax hike on the first $250,000 of income. 98% wouldn't see taxes go up by a single dime. the wealthiest americans would get a tax cut on the first $250,000 of their income and families everywhere would enjoy peace of mind. >> most polls show 60, 60% of americans agree, raise taxes on the wealthiest 2%. he won the election. >> he talked about that during the campaign however congressman randy forms of virginia, a republican, he's floating a theory which is that the president doesn't have to compromise. he might not even want to compromise because if there's no compromise, the president gets what he wants. >> the president doesn't really want to get an agreement or compromise. he wants to get his way. that's why he won't come to the table with any serious proposal and s
mcconnell. then the republicans came back, which speaker boehner said was a sound response. $800 billion in tax rev knew. with eric cantor and paul ryan's significant but positive -- >> congress can prevent all of this by passing a tax hike on the first $250,000 of income. 98% wouldn't see taxes go up by a single dime. the wealthiest americans would get a tax cut on the first $250,000 of their income and families everywhere would enjoy peace of mind. >> most polls show 60, 60% of...
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mcconnell and he let out an audible chuckle at the proposal. i'm curious if timothy geithner has the same sense of humor. >> actually we have not only timothy geithner, but john boehner in an exclusive interview at the top of the hour, these are the two point men. boehner representing house republicans and any bill is going to have to get through them and geithner representing the president. you're exactly right. when geithner presented his plan to mcconnell, mcconnell says he burst out laughing and boehner you'll hear at the top of the hour, one of the words he uses is flabbergasted. what they were shocked at not that the president was going to call for more tax increases, he campaigned on that, but he came in with such a small set of spending cuts, about 600 billion dollars total in entitlement cuts and spending cuts and also had a demand that congress would give up any say from now on forever in raising the debt limit, which of course has always been a tool of congress, both democrats and republicans have used to oppose the president's polic
mcconnell and he let out an audible chuckle at the proposal. i'm curious if timothy geithner has the same sense of humor. >> actually we have not only timothy geithner, but john boehner in an exclusive interview at the top of the hour, these are the two point men. boehner representing house republicans and any bill is going to have to get through them and geithner representing the president. you're exactly right. when geithner presented his plan to mcconnell, mcconnell says he burst out...
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in the 2014 midterm election against senate minority leader, mitch mcconnell. >> i am very proud to be a kentuckyian. >> reporter: politico says she even discussed the idea with democrats in congress. cnn political editor paul steinhauser says either way, her star power is a big plus. >> she is well known across the country and in kentucky. she'll probably excite democrats and especially liberals across the country. that could equal a lot of money. >> reporter: judd, an outspoken supporter of president obama, is no stranger to the political scene. she was a tennessee delegate at the democratic national convention in september and is widely recognized for her work in environmental and social issues. the actress has devoted her time to fighting poverty in third world countries. as a board member of population services international, a d.c.-based group with programs worldwide targeting issues like malaria, hiv, and reproductive health. but her stance on one environmental issue in the eastern kentucky appalachians could have an impact on any potential bid for senate. >> i hope you will com
in the 2014 midterm election against senate minority leader, mitch mcconnell. >> i am very proud to be a kentuckyian. >> reporter: politico says she even discussed the idea with democrats in congress. cnn political editor paul steinhauser says either way, her star power is a big plus. >> she is well known across the country and in kentucky. she'll probably excite democrats and especially liberals across the country. that could equal a lot of money. >> reporter: judd, an...
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you would probably have senate republican leader mitch mcconnell if not for the tea party. to monica's point, jim demint will create problems from somebody like john boehner. >> as he should. >> wants to desperately cut a deal but probably won't be able to because his own caucus won't go along with it. >> if the republican party stuck to their core principles of limited government and fiscal restraint there would be no need for a tea party. thanks to jim demint, you named a couple of candidates that were weak, thanks to demint and strong tea party folks we have mike lee, jeff flake, marco rubio, we have rand paul, pat toomey. they would not have gotten to the senate without jim demint. he will be a huge force bringing country back. jon: we'll hear a lot from him in the days ahead. monica, yulely, thank you both. >> thank you. heather: coming up two brothers face a judge accused of plotting a terror attack on u.s. soil. a live report coming up. >>> nasa struggling to find its footing after retiring the shuttle program. we'll take a look at a new study suggesting that underfu
you would probably have senate republican leader mitch mcconnell if not for the tea party. to monica's point, jim demint will create problems from somebody like john boehner. >> as he should. >> wants to desperately cut a deal but probably won't be able to because his own caucus won't go along with it. >> if the republican party stuck to their core principles of limited government and fiscal restraint there would be no need for a tea party. thanks to jim demint, you named a...